Welcome to our dedicated page for PASOFINO GOLD news (Ticker: $EFRGF), a resource for investors and traders seeking the latest updates and insights on PASOFINO GOLD stock.
Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect PASOFINO GOLD's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.
Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of PASOFINO GOLD's position in the market.
Rhea-AI Summary
Pasofino Gold (EFRGF) announces the start of drilling at Bukon Jedeh, a priority target for gold exploration in Liberia. The drilling program will test historic results, artisanal mine-sites, and new targets in a gold-rich zone. Pasofino has completed ground magnetic surveying and geological mapping to inform drilling locations. The community leaders have welcomed the company's work, and Pasofino is focusing on optimizing the 2022 Feasibility Study. CEO Daniel Limpitlaw expressed excitement about the drilling campaign, highlighting the potential for new gold deposits in the region.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
-
Rhea-AI Summary
Pasofino Gold Limited announces the commencement of exploration at Bukon Jedeh, a target area at the Dugbe gold project in Liberia. The area shows potential for high-grade gold deposits, with drilling expected to start in March 2024. Community support, historical data, and geological mapping indicate promising prospects for new discoveries.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
-
News
Rhea-AI Summary
Pasofino Gold Limited (TSXV: VEIN) (OTCQB: EFRGF) (FSE: N07A) notes an announcement made by its majority shareholder, Hummingbird Resources plc (AIM: HUM), confirming the passing of resolutions proposed at its General Meeting and the closing of its Open Offer. HB PLC has announced an intention to dedicate approximately $2 million to the Dugbe Gold project, subject to commercial terms and necessary approvals.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
Rhea-AI Summary
Pasofino Gold Limited (TSXV: VEIN) (OTCQB: EFRGF) (FSE: N07A) notes an announcement made by its majority shareholder, Hummingbird Resources plc (AIM: HUM), confirming the passing of all resolutions proposed to shareholders at its General Meeting and the closure of its Open Offer. HB PLC has announced an intention to dedicate approximately $2 million to the Dugbe Gold project, subject to commercial terms and necessary approvals.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
-
Rhea-AI Summary
Pasofino Gold Limited (TSXV: VEIN) (OTCQB: EFRGF) (FSE: N07A) notes an announcement made by its majority shareholder, Hummingbird Resources plc (AIM: HUM), regarding a proposed Share Placement expected to close on 10th January 2024. Approximately $2 million of the proceeds will be dedicated to progressing the Dugbe Gold Project in Liberia, bringing this highly valuable asset closer to production. The funds will be used to optimize the 2022 Definitive Feasibility Study through FY-2024 and further progress the Project.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
-
Rhea-AI Summary
Pasofino Gold Limited (TSXV: VEIN) (OTCQB: EFRGF) (FSE: N07A) and Hummingbird Resources plc (AIM: HUM) have completed the consolidation of the Dugbe Gold Project. Pasofino now owns 100% of the project, with HB PLC becoming a control person of Pasofino. As consideration, Pasofino issued 54,027,783 common shares to HB PLC. The board and management of Pasofino have undergone changes, with new directors appointed and previous ones resigning.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
Rhea-AI Summary
Pasofino Gold Limited (TSXV: VEIN) (OTCQB: EFRGF) (FSE: N07A) has closed in escrow the consolidation of its ownership interest, now owning 100% of the Dugbe Gold Project. This was pursuant to Pasofino's exercise of its right under the option agreement to cause HB PLC to sell its 51% interest in Hummingbird Resources (Liberia) Inc. to Pasofino. As consideration, Pasofino issued 54,027,783 common shares to HB PLC, making HB PLC a 'control person' of Pasofino. The completion of the consolidation is subject to TSXV approval of the Personal Information Form filed by HB PLC.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
-
Rhea-AI Summary
Pasofino Gold announces gold mineralisation at the Dugbe Shear Zone target, supporting the potential for additional deposits. Trench results indicate a significant mineralised zone. Drilling is the next step to test the grade and thickness of the zone.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
-
Rhea-AI Summary
Pasofino Gold Limited announces the departure of Neil Herbert from the board of directors.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
Rhea-AI Summary
Shareholders approve Hummingbird Resources as control person for Pasofino Gold's consolidation of ownership of Dugbe Gold Project.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
PASOFINO GOLD LTD
OTC:EFRGF
EFRGF Rankings
EFRGF Stock Data
51.65M
17.81M
70.53%
0%
Gold Ore Mining
Mining, Quarrying, and Oil and Gas Extraction
United States of America
Kelowna